According to Tuniu Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -26.5837. At the end of 2022 the company had a P/E ratio of -6.46.
Year | P/E ratio | Change |
---|---|---|
2022 | -6.46 | 1.77% |
2021 | -6.34 | 470.06% |
2020 | -1.11 | -63.7% |
2019 | -3.07 | -85.8% |
2018 | -21.6 | 155.28% |
2017 | -8.46 | 180.25% |
2016 | -3.02 | -48.71% |
2015 | -5.89 | -32.15% |
2014 | -8.67 |
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.